London Is The World’s Most AI-Driven City, Ahead Of NYC And Singapore
Business Name Generator has analyzed cities across the globe to reveal the top 20 most AI-driven global hubs.
March 2023: Our growing reliance on technology means it’s more important than ever to understand how AI is shaping our cities and the impact it will have on our future. In light of this, Business Name Generator has researched 50 cities around the world to discover which are leading the way for AI development and implementation.
Get Our Activist Investing Case Study!
Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!
Q4 2022 hedge fund letters, conferences and more
By analyzing metrics including total AI venture capital investment and the number of AI initiatives, career and education opportunities, they have revealed the top 10 most AI-driven cities in the world.
London Leads The Way As The World's Most AI-Driven City, Followed By New York City And Singapore
London is the most AI-driven city based on all metrics analyzed, boasting 2,645 AI events for those looking to learn more about the technology and a healthy investment total of $25,029,000 to date. London residents are searching for AI-related terms an average of 13,630 times per month (beaten only by Tokyo’s 28,230 monthly searches). Surprisingly, the city only has 339 job opportunities in AI available - 1,173 less than New York City.
The top 10 most AI-driven cities:
Rank City Country Number of AI initiatives Number of AI events Total monthly search volume Total yearly search volume Total AI venture capital investment to date (USD) 1 London UK 9 2,645 13,630 163,560 $25,029,000 2 New York City USA 6 1,082 10,450 125,400 $361,080,000 3 Singapore Singapore 5 714 11,570 138,840 $7,265,000 4 Washington DC USA 0 1,391 2,080 24,960 $361,080,000 5 Chicago USA 0 1,504 3,370 40,440 $361,080,000 6 Amsterdam Netherlands 17 426 2,360 28,320 $1,062,000 7 Boston USA 0 757 1,570 18,840 $361,080,000 8 Tokyo Japan 0 883 28,230 338,760 $7,427,000 9 San Francisco USA 0 572 2,000 24,000 $361,080,000 10 Los Angeles USA 1 489 6,520 78,240 $361,080,000The Big Apple follows in second, with slightly fewer AI initiatives (6) and events (1,082) but a very impressive AI investment of $361,080,000. This is followed by Singapore in third.
Meanwhile, Estonia’s capital Tallinn is the least AI-driven city in the world. The northern European city offers zero AI initiatives and only 39 AI events, in addition to a very low AI venture capital investment of just $456,000.
Washington D.C. Tops The List For AI Career Opportunities, With 1,881 Jobs Available
Washington D.C. offers the most opportunities for professionals in the AI field, with 1,881 job opportunities available and an average salary of $109,668.
The US capital is followed by New York City and Singapore, which both offer slightly fewer job opportunities but higher average salaries for AI specialists. Seattle, which places in 13th overall, offers the highest average salary of $157,000 a year – around $47,000 more than D.C.
The top 5 cities for AI careers:
Rank City Country Average salary ($) Number of AI job opportunities 1 Washington D.C. USA $109,668 1,881 2 New York City USA $132,698 1,512 3 Singapore Singapore $132,534 1,099 4 Boston USA $133,505 995 5 San Francisco USA $144,352 823London, Manchester And Jakarta Offer The Best AI Education Opportunities For Students
London leads the way for AI education opportunities, offering a total of 29 AI-specific courses at college level, as well as 333 in Computer Science and IT. In second place is fellow UK city Manchester, with 11 courses in AI and 146 in Computer Science; meanwhile, Jakarta in Indonesia comes third with 9 AI courses available.
The top 5 cities for AI education:
Rank City Country Number of AI-specific college courses Number of Computer Science & IT college courses 1 London UK 29 333 2 Manchester UK 11 146 3 Jakarta Indonesia 9 0 4 Dublin Ireland 5 66 5 Singapore Singapore 4 75Chloe Chai, the spokesperson for Business Name Generator, comments:
“Artificial Intelligence is having a significant impact on industries and will continue to shape the way we live and work. With the increasing availability of data and advances in machine learning techniques, AI is being used to automate tasks, improve decision-making, and create new products and services.
The continued growth of AI is expected to bring about significant changes to the job market, with some jobs becoming obsolete while others are created. In terms of education, our research highlights the need for institutions around the world to catch up with this emerging technology.
With any new data-driven technology, there is a need for proper regulation and oversight to address ethical concerns raised around bias and privacy. As AI continues to evolve and be integrated into more areas of society, it will be important to consider and address these issues to ensure that the technology is used for the benefit of all.”
About Business Name Generator
Business Name Generator (part of the Performance Marketing Group Marketzoo) is a free online tool helping people create unique, fun, and mind-blowing business names for their startups.
Source valuewalk